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. ~ , (b) Consent of the General Partner. , . . ~
(c) The death, retirement or insanity of the General Partner.
~ Statement After Dissolution ~
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~ 19. Upon the dissolution of the Partnership a statement shall be pre- •
pared by the Certified Public Accountants then acting for the partnerahip setting
forth the assets and liabilities of the Partnership and a copy of such statement
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. ehall be furnished to each of the Partners within 30 days after such dissolution.
~ _ ' Distribution After Dissolution • - ~ " ~
20. Upon the termination of the Partnership (except where the change ~
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of the entity of the Partnership may be made) a full account of the assets and ~ -
liabilities of the Partnership shall be taken and the a~sets shall be liquidated P
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as promptly as possible and the proceeds thereof shall be applied in the following ~
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~ order: ~ ' ~ - - • -
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~ (a) To the payment of all debts and liabilities of the Partnership
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and the expenses of liquidation;
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_ (b) To the repayment of the contributions as original capital .
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. - by the Limited partners to the extent that they shall not have ~
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. received the same from Partnership distributions as hereinbefore
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` provided. - ~ ~
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+ (c) To the repayment of the contributions as original capital by ~
the Geaeral Partner to the extent that they shall not have received - "
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~ the same from Partnership distributions as hereinbefore provided. . S
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The surplus, if any, of the said assets remaining shall be
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• divided among the Partners, in the same ratio as provided in Para-
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graphs S and 9. . ' ~ . .
- ~ ~ Withdrawal ~ =
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. ~ 21. It' ie agreed by and between all of the Limited Partners hereto
that they shall not at any time withdraw from the Partnership, except as hereia- ~
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~ before provided. . ~
. ~ ~173 ~i458~ ~ -
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